{"id":29675,"date":"2022-03-16T13:46:36","date_gmt":"2022-03-16T08:16:36","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-spice-story-funding\/"},"modified":"2022-03-16T13:55:40","modified_gmt":"2022-03-16T08:25:40","slug":"biz-spice-story-funding","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-spice-story-funding\/","title":{"rendered":"Spice Story raises funds from Agility Ventures, others"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1938655666\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, Mar 16 (PTI) Mumbai-based startup Spice Story on Wednesday said it has raised funds from Agility Ventures, Maxar.vc, Nafa capital and select FMCG industry leaders.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3560236192\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> The company did not divulge the quantum of funds raised, but said that the capital will largely be used to bolster the distribution network and build scale on the online platforms.<\/p>\n<p> &#8220;Spice Story&#8230; has raised an undisclosed pre-series A round fund from Agility Ventures, Maxar.vc, Nafa capital and select FMCG industry leaders viz. Anupam Bokey, Anand Dhodapkar, etc,&#8221; the startup said in a statement.<\/p>\n<p> Founded by Soumyadeep Mukherjee and Gayatri Gogate, Spice Story offers a range of ethnic Indian chutneys in modern sauce form.<\/p><div class=\"trade-content_5\" id=\"trade-3481178894\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> It began with three products, and now offers nearly 15 varieties curated from regional influences across India, such as Agra ki Saunth, Indori Lemon Chutney, Dilliwali Spicy Mint Chutney, Mumbai Schezwan Mayhem, Kolkata Mango Mustard Adventure, and The Original Kolhapuri Jhatka, among others.<\/p>\n<p> The brand has already crossed the sale of half a million units this year, and is aiming to cross 1.5 million units by the next fiscal, the statement added.<\/p>\n<p> The brand had earlier raised capital in a seed round in January 2021.<\/p>\n<p> Spice Story operates on an omnichannel model. While e-commerce remains the primary focus, the brand already has a foot in the doors of some large retail chains in India, boosting its growth momentum and build-up goals. PTI MBI  DRR<\/p>\n<div class=\"trade-after-content\" id=\"trade-1143387797\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Mar 16 (PTI) Mumbai-based startup Spice Story on Wednesday said it has raised funds from Agility Ventures, Maxar.vc, Nafa capital and select FMCG industry leaders. The company did not divulge the quantum of funds raised, but said that the capital will largely be used to bolster the distribution network and build scale on [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-29675","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Spice Story raises funds from Agility Ventures, others - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-spice-story-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spice Story raises funds from Agility Ventures, others\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Mar 16 (PTI) Mumbai-based startup Spice Story on Wednesday said it has raised funds from Agility Ventures, Maxar.vc, Nafa capital and select FMCG industry leaders. 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